Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
16000
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as stock compensation
Who receives how much16,000Shares
16,000 common shares of the Company (treasury shares)
2 directors, excluding outside directors16,000 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥1,021 per share
Total issue value
¥16,336,000
Total Stock-Based Compensation
¥16,336,000 in monetary compensation receivables (the annual compensation framework under this plan is capped at ¥150 million)
Categories and Number of Persons Covered
2 directors, excluding outside directors; 16,000 shares
Payment date
14 April 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 March 2026, the business day immediately preceding the date of the Board of Directors meeting, was ¥1,021. No discount or premium rate is stated.
Procedures under the Corporate Code of Conduct
At the 12th Annual General Meeting of Shareholders held on 28 March 2019, approval was obtained for the payment of monetary compensation receivables under this plan.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as stock compensation |
| Number of shares to be issued or disposed of | 16,000 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,021 per share |
| Total issue value | ¥16,336,000 |
| Payment date | 14 April 2026 |
| Intended allottee | Name 2 directors, excluding outside directors / Number of Shares 16,000 shares |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 March 2026, the business day immediately preceding the date of the Board of Directors meeting, was ¥1,021. No discount or premium rate is stated. |
| Categories and Number of Persons Covered | 2 directors, excluding outside directors; 16,000 shares |
| Total Stock-Based Compensation | ¥16,336,000 in monetary compensation receivables (the annual compensation framework under this plan is capped at ¥150 million) |
| Procedures under the Corporate Code of Conduct | At the 12th Annual General Meeting of Shareholders held on 28 March 2019, approval was obtained for the payment of monetary compensation receivables under this plan. |
Items this document does not state (18)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offeringImpact on Business Performance
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To provide directors with an incentive to achieve sustained growth in corporate value and promote the sharing of value with shareholders.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.